Malaysia Eyewear Market is Expected to register sales worth about USD 480 Million by 2021: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Malaysia Eyewear Market by Type (Spectacles and Contact Lens), by Type of Spectacles (Eyeglasses and Sunglasses), by Spectacle Glass and Frame, by Branded and Unbranded Spectacles, by Type of Contact Lens (Clear Spherical and Clear Toric), by Contact Lens Replacement Time (Monthly Disposable Lens and Daily & Bi-weekly Disposable Lens), by Market share of Major companies (Luxottica, Hoya, Essilor, Johnson and Johnson, Carl Zeiss and others including Novartis, Safilo, Valeant Pharmaceuticals, Vision Service Plan, Oculus, Bausch & Lomb) In the recent years Malay customers are showing an increasing preference for open concept optical goods stores. Consumers in the country have started prioritizing a free shopping experience where they can touch, feel and try on spectacle frames to decide on the ones that suits their appearance without being approached and served by sales assistants. In Malaysia, a shift in the fashion trends has been observed among the people in the recent years. People have started adopting Korean fashion trends in eyeglasses and sunglasses. The incidence of myopia and presbyopia are on a continuous rise in the country in the recent years leading to an increased demand for eyewear products; especially prescription glasses and contact lenses. Malaysia Eyewear market is a growing industry with high population base of fashion conscious, myopic and presbyopic target audience. The industry is expected to witness high sales of eyeglasses, sun glasses and contact lenses with increased eye care educational programs conducted by the Ministry of Health in partnership with the major eyewear players. The sales and promotional strategies adopted by the major players in the market are expected to continue to be the stimulus for the customers to further be attracted to the eyewear products offered by them. The rising rate of myopia and hyperopia in the country has also led to a rapid and increased acceptance of contact lens among the Malays. Currently, Photo-chromic lenses are trending in the country in the recent years and are expected to stay in the market for the coming years. Hence, the eyewear companies are introducing photo-chromic lenses in their product portfolio observing the rising demand among the public. The major retailers in the country are focusing on online sales in the recent years owing to the rising internet penetration in the country. Web-based ordering system is gaining attraction in the recent years. Moreover, some companies have started offering 3D trials online. The most preferred choice of spectacles among the Malaysians is expected to be influenced from Korean fashion trends during the forecast period. A recent trend visible among the Malaysians is that they are becoming increasingly fashion conscious, which is a positive factor for the eyewear products in the country. Improved fashion consciousness among the people shall also raise the share of the branded eyewear products in the market. The demand for sunglasses shall be raised owing to the fashion trend. Malaysians are highly price conscious due to which the major players in the country offer branded eyewear products at discounted and affordable prices. Three major trends visible in the country during this period were retro (especially round shapes from the 1920s), colorful frames and the classic bold black frames. In terms of material, acetate was leading the race, especially with full-rim frames that are currently dominating the market. One among the major concerns of Malaysia is the increasing rate of aging population in the country. Apart from an increase in the aged population, the aged are also living longer as underscored by an increase in life expectancy. A popular vision impairment that is caused by aging is Presbyopia which may not be permanently repaired through a vision correction surgery. By 2050, the aging population is expected to reach nearly a quarter of the population. This is expected to raise the demand for prescription glasses among the people aged 60 years or above. Ken Research in its latest study, Malaysia Eyewear Market by Type (Spectacles and Contact Lenses), By Sunglasses and Eyeglasses and By Sales Channel – Outlook to 2021 suggests that Luxottica, Hoya, Essilor, Johnson & Johnson and Carl Zeiss will remain the major players in this space. However, these major players will witness rising competition from other foreign as well as local players in the coming years. Malaysia Eyewear Market is projected to register a positive CAGR during the period 2016-2021. Changing fashion trends, rising rate of aging population, increasing incidences of myopia and hyperopia and attractive promotional strategies of the major players are expected to drive the Malaysia Eyewear Market in the future. The report provides information on market size of the Malaysia eyewear market size, market segmentation on the basis of type of eyewear, type of spectacles, branded and unbranded spectacles, and type of contact lenses and replacement time of contact lens. Key Topics Covered in the Report: Malaysia Eyewear Market size Fashion Eyewear Market Malaysia Malaysia spectacles market size Contact lenses market revenue Malaysia Malaysia kids eyewear market Value Chain Analysis Malaysia Eyewear Market Malaysia Eyewear Market Segmentation Regulations in Eyewear Industry Malaysia Malaysia Eyewear Import Market Share Luxottica Malaysia Future Outlook Eyewear Malaysia Macroeconomic Factors Malaysia Eyewear Malaysia myopic populations Malaysia hyper myopic population Photo-chromic lenses demand Malaysia For more information on the research report, refer to below link:- Malaysia Eyewear Market Related Reports:- India CR39 Eyeglasses Market Forecasts to 2021 – High Prevalence of Impaired Vision and Increasing Awareness to Fuel Growth India Eyewear Market Outlook to FY2018 – Rising Popularity of Online Eyewear Portals Singapore Eyewear Market by Type (Spectacles & Contact Lenses), By Sunglasses and Eyeglasses and by Sales Channel – Outlook to 2021 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Competitive Landscape Players Malaysia Eyecare, Consumer Profile In Malaysia Eyewear Market, Contact Lens Industry Size Malaysia, Contact Lenses Market Revenue Malaysia, Disposable Lens Industry Size Malaysia, Eyewear Export Volume Malaysia, Fashion Eyewear Market Malaysia, Future Outlook Eyewear Malaysia, Goggles Market Share Malaysia, Hoya Market Share Malaysia, Macroeconomic Factors Malaysia Eyewear, Malaysia Eyewear Import, Malaysia Eyewear Marker Mergers And Acquisitions, Malaysia Eyewear Market Segmentation, Malaysia Eyewear Market Size, Malaysia Hyper Myopic Population, Malaysia Kids Eyewear Market, Malaysia Myopic Populations, Malaysia Spectacles Market Size, Market Share Luxottica Malaysia, Photo-Chromic Lenses Demand Malaysia, Regulations In Eyewear Industry Malaysia, Shade Sales In Malaysia, Spectacle Lens Market Malaysia, Sunglasses Brand Share Malaysia, Sunglasses Industry Malaysia, Sunglasses Market Malaysia Sales Volume, SWOT Analysis For Malaysia Eyewear Market, Value Chain Analysis Malaysia Eyewear Market